ORION REAL ESTATE LIMITED - Trading Statement

Release Date: 23/03/2018 17:32
Code(s): ORE
 
Wrap Text
Trading Statement

ORION REAL ESTATE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/021085/06)
Share Code: ORE ISIN: ZAE000075651
("Orion Real Estate" or “the Company”)


TRADING STATEMENT


In terms of paragraph 3.4(b) of the Listings Requirements of the Johannesburg Stock
Exchange, a listed company is required to publish a trading statement as soon as a
reasonable degree of certainty exists that the financial results for the next period to
be reported on will differ by at least 20% from those of the previous corresponding
period.

Shareholders are advised that both earnings per share and headline earnings per
share for the six-month period ended 31 December 2017 have improved by 207% on
the previous period ended 31 December 2016. This translates to an EPS of 1.29 cents
per share for the 6-month period ended 31 December 2017; up from 0.42 cents per
share for the period ending 31 December 2016.

The information on which this announcement has been based has not been
reviewed or reported on by the group’s auditors.

Johannesburg
23 March 2018


Sponsor
Arbor Capital Sponsors Proprietary Limited

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